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I've had the demo active for 2 weeks now. No trades has been done, ever.
M
There might have been something wrong with your settings. Please contact me and I'll help you out to let it run.
Meanwhile check your Journals tab for any error messages.
Thanks,
Al
__________________ Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker. PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com
I've been trading live with it for almost two months. I've never run it on a demo account and backtesting is close to worthless. Right now it's losing me another 83 pips on a short order from last week. It's about 25 pips away from the stop loss.
It's losses outpace its wins by 59% so far.
Hi Nittany,
Thanks for your input. What you see right now is not much different from back-test results.
Thanks,
Al
__________________ Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker. PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com
Thanks for posting your results. I was considering purchasing the Pipboxer system but now I am having reservations!!
I am not sure just how much weight should be given to "backtesting" reports with their almost linear graphs pointing to the sky??
I will wait for more feedback from users before taking the plunge!
Cheers
Spymez
Hi Spymez,
PipBoxer like any other system makes money for a while and loses money for a while. If you refer to back-test results you can clearly see that the system is not pointing to the sky. Please visit the following page for more information:
I encountered the same situation in February that the system was losing money and many people were sceptical about it but then suddenly everything changed in April and May. I'm trading this system live so are many others.
Take your time my friend and join us only when you are quite confident about this system.
Good Luck,
Al
__________________ Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker. PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com
I found out that demo trading won't give me and others a proper picture of the PipBoxer behaviour. There are some problems with demo results:
Demo accounts expire after a while and I either need to close open trades manually and/or ignore them. PipBoxer is a long-term system and you can judge it with 1 month worth of results.
Demo prices are sometimes different fromt the actual price that broker uses for the live trades. This cause minor and sometimes major differences between results.
You don't see the effect of dealing desk interference and/or liquidity of the market in demo accounts.
Because of all those reasons I will open one or two live accounts by the end of June and will post the statements online. There are a few things that need to be done before this happens like selecting the proper brokers and making sure that I can publish those statements without any security problems.
I'll keep you posted about this endeavour. The success means that you see real results. I won't take money from those accounts and will let them grow for a while just to see the effect of the system.
If I find an alternative which is as reliable I might use that method.
Good Luck,
Al
__________________ Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker. PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com
It seems that PipBoxer is gradually back on track.
It closed two profitable trades yesterday a long GBPUSD with 61 pips in profit and a long USDJPY with 5 pips in profit. Both trades gained positive swap as well.
It opened a short AUDUSD trade today that is currently locked into profit. The worst case scenario is that it will close this trade with 4 pips in profit. The trade currently shows 23 pips open profit.
AUDUSD - Short
Open Time: 2007.06.06 15:26 (GMT+2)
Open Price: 0.8428
Stop Loss: 0.8424 (+4 pips)
Take Profit: 0.8663 (+65 pips)
__________________ Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker. PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com
Visit www.pipboxer.com for more information about PipBoxer.
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__________________ Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker. PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com
__________________ Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker. PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com
__________________ Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker. PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com
A Successful Week for PipBoxer - It is back on track
If you do not beleive me visit the following page to see it for yourself. I have absolutely no control over this report. They independently evaluate my system. Since they trade it on a platform other than my live platform the results are usually worse than what I get on my own trading platform. For example I had a winning AUDUSD trade that does not show on this report.
__________________ Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker. PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com